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EXIM Thailand Pays Export Credit Insurance Claims to Siam Dyemaster Co., Ltd. for Default of Goods Payment by Buyer in UAE
Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand (EXIM Thailand), presented claims payment of 1,679,535 baht to Mr. Geoff Hodds, General Manager/Director of Siam Dyemaster Co., Ltd., manufacturer and exporter of dyed wool yarns for woven carpets or knitted garments, an export credit insurance customer of EXIM Thailand faced with default of payment by a buyer in United Arab Emirates (UAE) due to lack of financial liquidity, at EXIM Thailand???s Head Office on October 5 2016.
